According to a report released on Thursday by StockNews.com, the analysts there mentioned that they would be keeping an eye on XPO.
The brokerage firm’s advice regarding the transportation company’s stock was to “keep” it in one’s portfolio.
The most recent quarterly results report was made available to the general public on February 8 by XPO (NYSE: XPO), which can be found here.
The transportation company’s earnings per share for the quarter came in at $0.98, $0.16 higher than the consensus estimate of $0.82.
The return on equity for XPO was 41.62 percent, and the net margin for the company was 5.75 percent.
The actual quarterly sales for the company came in at $1.83 billion, which is lower than the industry experts’ consensus estimate of $1.84 billion for the company’s sales for the quarter.
During the same period the previous year, the corporation generated a profit of $1.34 per share of its common stock. XPO was successful in generating a revenue increase of 3.3% on an annual basis.
The majority opinion held by professionals in the financial sector is that XPO’s current fiscal year will result in $2.57 per share earnings.
When trading started on Thursday, the share price of XPO was $32.99 per share.
The stock’s moving averages for the past 50 and the last 200 days are currently at $37.26 and $40.58, respectively. XPO reached its all-time high of $46.84 during the 52 weeks, while the stock reached its all-time low of $24.51 during the same period.
The company’s stock has a price-to-earnings ratio of 5.73, a price-to-earnings-growth ratio of 1.45, and a beta value of 2.15.
The total value of the company’s shares on the market is equal to the $3.81 billion stock’s moving averages for the past 50 days, and the last 200 days are currently sitting at $37.26 and $40.58, respectively. XPO reached its all-time high of $46.84 during the 52 weeks, while the stock reached its all-time low of $24.51 during the same period.
The company’s stock has a price-to-earnings ratio of 5.73, a price-to-earnings-growth ratio of 1.45, and a beta value of 2.15.
The total value of the company’s shares on the market is equal to $3.81 billion.
There is a correlation of 1.08 between the quick ratio and the current ratio, and there is a correlation of 2.44 between the debt-to-equity ratio.
Both ratios measure liquidity.
In recent times, XPO has received feedback from a variety of brokerages.
This feedback has been very helpful.
The recommendation that Bank of America has given for XPO shares has been changed from “neutral” to “underperform,” Their price objective for the stock has been raised to $35.00. On January 17, the results of a study were made available to the general public.
In a research report released on Friday, February 10, Jefferies Financial Group lowered their price target for XPO from $42.00 to $40.00 and downgraded the company from a “buy” rating to a “hold” rating.
Both of these actions were taken in response to recent market events.
Benchmark reaffirmed their “buy” rating on shares of XPO and set a price objective of $44.00 on the stock in a research report published on Friday, February 10. On Friday, February 10, KeyCorp released a research note that lowered its “overweight” rating and price objective on shares of XPO from $55.00 to $50.00.
The same amount also reduced the price objective.
In light of these developments, the price objective was also scaled back. Stephens maintained its “equal weight” rating on shares of XPO and established a price objective of $38.00 for the company’s stock in a research report released on Thursday, February 9. One equity research analyst has recommended selling the stock, eight analysts have stated that they will maintain their holdings, and eleven analysts have stated that they would buy the stock if it were available.
The stock is currently rated as a “Moderate Buy” on average, and a price objective of $50.50 has been determined by consensus using data sourced from Bloomberg.com.
On March 10, XPO Director J. Wes Frye purchased 1,500 shares of the company’s stock.
This was one of the other events that were associated with XPO.
The total price of the shares was $53,610.00, an average price of $35.74 for each purchased share.
As a direct result of the transaction, the director now has ownership of 1,500 shares of the company.
The total value of these shares is $53,610.
If you follow the link, which will take you to a legal file submitted to the SEC, you can acquire additional information regarding the transaction.
The company’s insiders own the company’s stock to the extent of 11.20%.
Several hedge funds and institutional investors participated in recent company stock transactions by buying and selling shares.
A fresh investment of approximately $31,000 was made in XPO by Old Mission Capital LLC during the fourth quarter.
This was a brand-new financial commitment.
The amount of XPO stock that Voya Investment Management LLC owned as of the end of the third quarter increased by 5.3% when compared to the previous quarter. Voya Investment Management LLC now has 16,235 shares of the transportation company’s stock following the purchase of 822 additional shares during the period.
The stock is $540,000, and Voya Investment Management LLC now holds 16,235 shares. Natixis provided XPO with funding amounting to 286 thousand dollars during the fourth and final quarter of 2018.
During the fourth quarter, the Kentucky Teachers Retirement System accumulated 12.8% more shares of XPO stock than it did at the beginning of the period. Following the acquisition of an additional 2,100 shares during the relevant period, the Teachers Retirement System of the State of Kentucky now holds 18,471 shares of the transportation company’s stock, which have an estimated total value of $615,000 at present.
Lastly, but certainly not least, during the fourth quarter of 2018, Northwestern Mutual Wealth Management Company increased the percentage of XPO shares it owned by 8.4 percent.
The stock of the transportation company is currently valued at $403,000.
As a result of their purchase of an additional 939 shares during the period, Northwestern Mutual Wealth Management Co now has 12,109 shares of the company’s stock.
This brings their total holdings to 12,109 shares.
Institutional investors and hedge funds hold 89.57% of the total shares outstanding in the company.